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Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Apontis Pharma AG's annualizedNet Income for the quarter that ended in Jun. 2025 was €1.21 Mil. Apontis Pharma AG's average total tangible assets for the quarter that ended in Jun. 2025 was €25.82 Mil. Therefore, Apontis Pharma AG's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 was 4.68%.
The historical rank and industry rank for Apontis Pharma AG's Return-on-Tangible-Asset or its related term are showing as below:
FRA:APPH'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -27.03 Med: -5.33 Max: 6.47
Current: 2.37
During the past 7 years, Apontis Pharma AG's highest Return-on-Tangible-Asset was 6.47%. The lowest was -27.03%. And the median was -5.33%.
FRA:APPH's Return-on-Tangible-Asset is not ranked
in the Drug Manufacturers industry.
Industry Median: 3.15
vs FRA:APPH: 2.37
Apontis Pharma AG (FRA:APPH) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Apontis Pharma AG Return-on-Tangible-Asset Related Terms
Apontis Pharma AG Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Apontis Pharma AG's Return-on-Tangible-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:APPH vs ZTS, UTHR, NBIX: Return-on-Tangible-Asset Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Apontis Pharma AG's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Apontis Pharma AG Return-on-Tangible-Asset vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Apontis Pharma AG's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Apontis Pharma AG's Return-on-Tangible-Asset falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Jun. 2025) net income data.
What does a Return-on-Tangible-Asset of 4.68% mean?
Apontis Pharma AG (FRA:APPH) has a Return-on-Tangible-Asset of 4.68% as of Jun. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Apontis Pharma AG and its competitors.
Is Apontis Pharma AG's Return-on-Tangible-Asset too high?
Apontis Pharma AG's current Return-on-Tangible-Asset is 4.68%. The Drug Manufacturers industry median Return-on-Tangible-Asset is 3.15. Apontis Pharma AG's value of 4.68% is 48.6% above this industry median. Overall, Apontis Pharma AG has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Apontis Pharma AG's Return-on-Tangible-Asset compare to ZTS and UTHR?
Apontis Pharma AG's Return-on-Tangible-Asset of 4.68% can be compared against companies in the Drug Manufacturers industry. The industry median Return-on-Tangible-Asset is 3.15. Apontis Pharma AG's value of 4.68% is 48.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Drug Manufacturers company?
The median Return-on-Tangible-Asset among Drug Manufacturers companies is 3.15, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Apontis Pharma AG's current Return-on-Tangible-Asset of 4.68% is 48.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Apontis Pharma AG and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Asset is 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apontis Pharma AG's current Return-on-Tangible-Asset is 4.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apontis Pharma AG stock overvalued right now?
Apontis Pharma AG (FRA:APPH) has a current Return-on-Tangible-Asset of 4.68%. The stock's GF Value™ is €10.46, compared to a current price of €11.00 — trading 5.2% above its estimated fair value. The current Return-on-Tangible-Asset is 4.68% and 48.6% above the Drug Manufacturers industry median of 3.15. Apontis Pharma AG's overall GF Score™ is 17/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Apontis Pharma AG (FRA:APPH), the current Return-on-Tangible-Asset is 4.68% as of Jun. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Apontis Pharma AG (FRA:APPH) Overvalued in 2026?
Based on GuruFocus' analysis, Apontis Pharma AG stock appears to be overvalued.
The current stock price of €11.00 is trading 5.2% above its estimated GF Value™ of €10.46.
Key valuation signals for FRA:APPH:
Return-on-Tangible-Asset: 4.68%
GF Value™: €10.46 vs. price of €11.00 (5.2% above fair value)
Industry Position: 48.6% above the Drug Manufacturers median
No single metric tells the full story. See the FRA:APPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Apontis Pharma AG is a pharmaceutical company specializing in single pills in Germany. single pills combine two to three generic active ingredients in a single dosage form. The company develops, promotes, and sells a broad portfolio of single pills and other pharmaceutical products, with a special focus on cardiovascular diseases. The company markets drugs in the disease areas of respiratory diseases and diabetes as part of co-marketing/co-promotion.
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